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OpenAI needs to raise at least $207bn by 2030 so it can continue to lose money, HSBC estimates (archive.ph)
submitted 11 months ago by to c/nottheonion@lemmy.world
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cross-posted from: https://piefed.social/c/technology/p/1510557/openai-needs-to-raise-at-least-207bn-by-2030-so-it-can-continue-to-lose-money-hsbc-esti

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[–] 13 points 11 months ago (1 child)

Not just investing. They’re literally offering to buy any unused compute from these companies. So if they can’t sell the processing power NVidia chips provide, NVidia will pay them for it.

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